Advisors Are Learning The Fiduciary Rules Impact:Watch Your Step

watchyourstepaarongoodwin

As 2016 draws to a close, advisers are normally preoccupied with the yearly wirehouse payout tweaking rituals. But this year is different.

All eyes are focused on how broker-dealers will respond to the new fiduciary rule adopted by the Department of Labor this year. The key question: Will broker-dealers allow advisers to avail themselves of the best interest contract exemption so they can make commission trades in retirement accounts?

So how are advisers coping with the new rules?

Read my On Wall Street article.

Photo: Aaron Goodwin

About Mark Elzweig

I am an executive search recruiter with an inside track on financial advisors, the asset management industry, and Wall Street. My work has appeared in numerous publications including On Wall Street,AdvisorOne, and Fund Fire. Journalists regularly seek me out, so you catch my bon mots in The Wall Street Journal, Research Magazine, Reuters, and more. You can follow me on Twitter @elzweig or you can reach me directly at 212-685-7070 or elzweig@elzweig.com.
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